PROPERTY DEVELOPMENT
Kenya has has awarded the construction contract for East Africa’s first smart city. The $390-million engineering, procurement, construction and financing contract – entailing the construction of roads, water and sewerage infrastructure within the 400 acre first phase of Konza Techno City, about 60 km south-east of Nairobi, has been awarded to Italian company Impresa Construzioni Guiseppe Maltauro (ICM). The company will also install fibre-optic links, substations, a solid waste management system, a water reclamation plant and a reservoir.
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